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Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
 3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
OPERATING AND ADMINISTRATIVE EXPENSES        
Research and development $ 836,379 $ 160,515 $ 1,184,410 $ 830,353
General and administrative 307,363 476,159 698,626 1,147,597
TOTAL OPERATING AND ADMINISTRATIVE EXPENSES 1,143,742 636,674 1,883,036 1,977,950
LOSS FROM OPERATIONS (1,143,742) (636,674) (1,883,036) (1,977,950)
OTHER (EXPENSE) INCOME        
Interest income 84,708 32,900 141,601 50,867
Interest expense (31,610) (39,697) (62,873) (73,541)
Realized loss on marketable securities (118,947) (23,246) (123,379) (28,202)
TOTAL OTHER INCOME (EXPENSES) (65,849) (30,043) (44,651) (50,876)
LOSS BEFORE TAX (1,209,591) (666,717) (1,927,687) (2,028,826)
INCOME TAX EXPENSE
NET LOSS (1,209,591) (666,717) (1,927,687) (2,028,826)
Other Comprehensive Loss - net of tax        
Net unrealized gain (loss) on marketable securities 42,289 (43,417) 89,966 (194,587)
Foreign exchange translation income (loss) 13 (6,903) 480 (6,743)
TOTAL COMPREHENSIVE LOSS $ (1,167,289) $ (717,037) $ (1,837,241) $ (2,230,156)
Net loss per common share - Basic $ (0.28) $ (0.15) $ (0.45) $ (0.47)
Net loss per common share - Diluted $ (0.28) $ (0.15) $ (0.45) $ (0.47)
Weighted average common shares - Basic 4,330,959 4,320,173 4,326,673 4,314,359
Weighted average common shares - Diluted 4,330,959 4,320,173 4,326,673 4,314,359